Kratos Defense & Security Solutions Inc. said on May 29 that one of its divisions is part of Saalex Solutions Inc.’s $13.4 million U.S. Navy contract to provide services at the Pacific Missile Range Facility.

He came, he saw, he networked. The hot ticket in defense contracting circles in late May was the invitation-only reception for Sean Stackley, the assistant U.S. Navy secretary overseeing procurement and new technology (Stackley’s actual title is assistant secretary of the Navy for research, development and acquisition). SDMAC, the San Diego Military Advisory Council, coordinated the reception.

DEFENSE: Veterans Get Employment Guidance

As a Fortune 500 company serving a demanding market, Qualcomm Inc. has found that to get maximum impact, it has to fine-tune its products, or even release various generations of a product. It’s what engineering companies do.

Broadband Tower Inc., a Japanese information technology business, has donated $300,000 to the University of California, San Diego’s School of Global Policy and Strategy to establish a Japan Forum for Innovation and Technology.

Cubic Corp. reported a second quarter net loss of $11 million on net sales of $338.8 million during its second quarter, which ended March 31. The company reported net income of $16.1 million on net sales of $354.4 million in the quarter ending March 31, 2014.

PICO Holdings Inc., a diversified holding company based in La Jolla, reported a first quarter net loss of $16.8 million on revenue of $84.7 million. The same quarter last year produced a net loss of $13.2 million on revenue of $61.3 million.

Jack in the Box Inc., parent company to its namesake quick-service chain and to the Qdoba Mexican Grill chain, reported net earnings of $23.0 million or 60 cents per diluted share on revenue of $358.1 million during the company’s second quarter, ended April 12.

Kratos Defense & Security Solutions Inc. reported a net loss of $16.3 million on revenues of $182.5 million during the first quarter that ended March 29. Publicly traded Kratos (Nasdaq: KTOS) made its announcement on May 7.

LRAD Corp., the publicly traded maker of high-volume sound equipment for governments and militaries, reported net income of $291,000 on revenues of $4.49 million for its second quarter, which ended March 31.

Novatel Wireless Inc., the Sorrento Mesa electronics maker, reported a net loss of $7.8 million on net revenues of $53.5 million during the first quarter of 2015. That compares with a net loss of nearly $9 million on net revenues of $48.3 million in the same quarter of 2014.